The relatively new public chain Job Function Email Database developed by Huobi enables seamless smart contract integration and has processed millions of transactions since its inception. Heco uses a novel HPoS consensus mechanism that enables low transaction costs and fast transaction times. Its meta-transaction feature also reduces gas fees for Job Function Email Database users who hold Huobi Tokens. This carefully calculated step on the basis of Heco yielded impressive results for MDEX. From January 19th, MDEX realized liquidity and transaction mining on the Heco chain, and a month later on February 19th, its 24-hour transaction volume Job Function Email Database exceeded $2 billion. On February 25th, MDEX ranked first on Coinmarketcap, and soon after, also on Coingecko.
The importance of this Job Function Email Database achievement cannot be overstated. Compared to DEX leader Uniswap, which was deployed on the Ethereum mainnet in December 2018, its 24-hour trading volume averaged $1-1.5 billion over the same period. For newbies on the block, MDEX's explosive volume is unheard of. Heco's fast trading time Job Function Email Database of 3 seconds enables MDEX to provide its users with a smooth trading experience. MDEX charges about 0.1 cents per transaction, which means that HT (Huobi Token) equivalent to 1 USD can maintain hundreds or even thousands of transactions. Its well-designed Job Function Email Database transaction ecosystem keeps transaction fees down even further.
Even waiving transaction fees due Job Function Email Database to the payment of mining rewards. Low slippage and high liquidity in the pool provide MDEX users with a trading experience close to that of a centralized exchange. Breaking the Heco Ceiling with BSC Integration But as money keeps pouring into young DEXs, the MDEX user base Job Function Email Database has not grown in proportion to trading volume. In the Heco chain, MDEX will peak at some point. Choosing to expand the market by integrating Binance Smart Chain was a logical first step. This popular network is known for its ability to efficiently process large numbers of transactions Job Function Email Database per second and has been adopted by numerous projects and DEXs.